So David Sacks just wrapped up his stint as Trump's crypto czar after hitting the 130-day limit for special government employees. Pretty interesting timing, honestly.

He's not leaving the admin entirely though — instead he's moving into a co-chair role at the new President's Council of Advisors on Science and Technology (PCAST). Basically trading a narrow crypto focus for a broader tech policy seat. The new gig gives him a wider mandate to shape recommendations on AI, semiconductors, quantum computing, and nuclear energy.

Here's what's notable for the crypto space: Sacks was the main driver behind the CLARITY Act — that market structure bill everyone's been waiting on. It still hasn't passed, and Charles Hoskinson called him out in January saying it needed to happen by Q1 2026 or Sacks should step down. Well, we're already in April now and the bill's still stuck in debate.

The new PCAST includes some heavyweight names — Mark Zuckerberg, Jensen Huang from Nvidia, and interestingly, Fred Ehrsam from Coinbase representing the crypto sector. So the industry still has a seat at the table, just in a different format.

What's actually taking up more of Sacks' energy right now is pushing the National AI Legislative Framework. He's been pretty vocal about needing one federal standard for AI instead of 50 different state approaches. He basically wrote the executive order last year that blocked states from their own AI regulations, and now he's trying to get Congress to formalize it legislatively.

The shift is telling though. Crypto regulation is taking a back seat to AI policy at the moment. That might explain why the market's been looking for catalysts lately — the policy momentum that was supposed to come from a dedicated crypto czar is now diffused across a broader advisory council. Whether that's actually bearish for crypto or just means we're waiting longer for clarity, I guess we'll find out.